THRIVING DAYTIME CAFE - All Offers Considered!

Price:

Leasehold - £19,950

Turnover:

Seller Ref:

trb.1446

Location:

West Midlands , West Midlands, Oldbury

Business Type:

Food Service Businesses

See Other:

Description:

THE BUSINESS:

The Business Partnership are looking for "Offers Invited - All Reasonable Offers Considered with part Vendor Financing Available!!"

This is a thriving day time cafe set in a busy location close to the West Midlands town centre with good road side parking facilities. With a retail space of circa 26.4m2 comprising seating for up to 15, serving hatch with kitchen behind and shared staff facilities.

The business provides hot and cold breakfast and lunch time sandwiches, baguettes, full breakfasts and other meals, together with a level of outside catering (buffets etc) to new factory offices and made to order deliveries to local trading estates, of which there are a significant number locally.

Taking circa £1k per week on good GPM with up to date accounts, professionally prepared, viewing is highly recommended. Outgoing rent payable £7,800 and rates £700pa.

Lease Terms:

Renewable lease expiring in 2018 at current outgoing rent payable of £7800pa. Our understanding is that the landlord will negotiuate a longer term lease with a purchaser if required.